In addition to other financial assistance which the Department of Economic and Community Development may grant under this chapter, the Commissioner of Economic and Community Development, in consultation with the Secretary of the Office of Policy and Management and the Commissioner of Energy and Environmental Protection, may provide financial assistance consisting of (1) funds to acquire air pollution emission reduction credits certified by the Commissioner of Energy and Environmental Protection pursuant to section 22a-174f, or (2) the transfer of credits previously acquired by the Office of Policy and Management pursuant to section 32-242a. Such transfer may be made as a grant, sale, loan or by such other appropriate means of disposition as is determined by the Commissioner of Economic and Community Development and the Secretary of the Office of Policy and Management. The assistance provided in the section shall be subject to the same rules and procedures as any other financial assistance provided under sections 32-220 to 32-234, inclusive. Any procurement, transfer or other use of such credits shall comply with the federal Clean Air Act and any regulations, requirements and guidance issued by the United States Environmental Protection Agency or the Department of Energy and Environmental Protection regarding emission reduction credits.
(May Sp. Sess. P.A. 94-2, S. 12, 203; P.A. 95-250, S. 1; P.A. 96-211, S. 1, 5, 6; P.A. 11-80, S. 1.)
History: May Sp. Sess. P.A. 94-2, S. 12, effective July 1, 1994; P.A. 95-250 and P.A. 96-211 replaced Commissioner and Department of Economic Development with Commissioner and Department of Economic and Community Development; pursuant to P.A. 11-80, “Commissioner of Environmental Protection” and “Department of Environmental Protection” were changed editorially by the Revisors to “Commissioner of Energy and Environmental Protection” and “Department of Energy and Environmental Protection”, respectively, effective July 1, 2011.
Structure Connecticut General Statutes
Title 32 - Commerce and Economic and Community Development
Chapter 588l - Economic Development and Manufacturing Assistance
Section 32-220. - Short title: Economic Development and Manufacturing Assistance Act of 1990.
Section 32-221. - Declaration of policy.
Section 32-222. - Definitions.
Section 32-223. - Application for financial assistance. Projects exempt from application.
Section 32-225. - Acquisition and transfer of real property. General powers of agency.
Section 32-226. - Furnishing of municipal services to other municipalities.
Section 32-230. - Economic Assistance Bond Fund.
Section 32-231. - Economic Assistance Revolving Fund.
Section 32-233. - Broad interpretation of powers.
Section 32-234. - Regulations.
Section 32-237. - Assistance for defense manufacturers' suppliers and other manufacturers.
Section 32-238. - Next generation manufacturing competitiveness enhancement program.
Section 32-238a. - Green manufacturing pilot program.
Section 32-240. - Grants for establishment of flexible manufacturing networks. Reports.
Section 32-241. - Bond authorization.
Section 32-242. - Air pollution emission reduction credits. Program.
Section 32-242a. - Purchase of air pollution emission reduction credits.
Section 32-244a. - Applicability of Freedom of Information Act to certain information.